Two rental complexes start leasing

Two rental complexes on the West Side are slated to start leasing, adding hundreds of rental units to the market. Leasing at Stellar Management and Chetrit Group’s Columbus Village complex, which has 710 units in five buildings, is expected to start this month. Rents in the complex, which stretches from 97th to 100th streets between Columbus and Amsterdam avenues, start at $1,895 a month for a studio. And Larry Silverstein’s two 60-story towers — comprising Silver Towers at 600 West 42nd Street — will add 1,042 market-rate and more than 200 affordable apartments to the market. Market-rate rents start at $2,300 a month. When asked how he planned to lease all the units, Silverstein said, “Beats the hell out of me … I’ve been asking myself [that] for weeks.” Silverstein also said that people are always moving to the city, and there has never been a surplus of rental housing. [Post] and [NYT]